Noticias y eventos de XCF Global Inc (SAFX)SAFXXCF Global Inc

XCF Global Acquires Renewable Fuel Production Facility in California

XCF Global has entered into a definitive agreement to acquire a renewable fuel production facility in Paramount, California through a newly formed subsidiary of XCF, New Rise Renewables Paramount. Located less than 20 miles south of downtown Los Angeles, the Paramount facility builds on the site's long history in fuel production and its transition to renewable fuels, bringing together established infrastructure, technical expertise and domestic agricultural waste to energy processing technology. The site is strategically located near Los Angeles International Airport, which is one of the world's busiest and most strategically important aviation hubs, serving more than 76 million passengers annually. Its immense scale, global connectivity, and strategic importance position LAX at the forefront of the aviation industry's transition toward sustainable aviation fuel. XCF intends to welcome the experienced team at Paramount following the closing of the acquisition, with plans to more than double the size of the team to restart operations over the next 9-12 months. Paramount was the first U.S. refinery conversion from fossil fuels to renewable fuels and has a long and successful history of renewable fuel production. The facility has benefited from meaningful investment over its history, and XCF expects to invest ~$30M during the restart period primarily in support of work-force training and operational readiness. XCF intends to capitalize on its strategic partnership with BGN to supply feedstock to New Rise Renewables Paramount as the operation relaunches and to offtake the sustainable fuels that the facility produces in support of the company's aviation and transportation customers. The acquisition is expected to close before the end of 2026, subject to agreed closing conditions.

XCF Global Reports September Renewable Diesel Sales Exceeding $12M

XCF Global announced September gross product sales of more than $12M from renewable diesel, driven by increasing production and expanding commercial contracts and shipments of approximately 1.4M gallons from XCF's New Rise Renewables Reno facility. "The momentum we are building at New Rise Renewables Reno is about more than the month's performance," said Chris Cooper, Chief Executive Officer of XCF Global. "We believe it reflects repeatable and sustainable commercial operations, with higher production supporting increased shipments and product sales as we continue scaling New Rise Renewables Reno."

XCF Global Shareholders Approve Business Combination with DevvStream and Southern Energy Renewables

XCF Global announced that XCF stockholders have approved the proposals necessary to complete the previously announced business combination involving XCF, DevvStream, and Southern Energy Renewables. The approval represents a significant milestone in the proposed transaction and reflects shareholder support for the amended transaction structure previously announced by the parties. XCF stockholders approved the issuance of XCF common stock in connection with the proposed business combination. XCF previously announced $1M investment completed through the sale of warrants exercisable at $2.50 per share. The transaction is expected to close as expeditiously as possible as remaining closing requirements are satisfied.